News
Progress Toward Recovery Varies Significantly Among Multifamily Sectors in the U.S.
Latest Report from MRI Software Shows Improvements in Strength of Market-Rate Housing While Extending Concerns about Affordable Housing Solon, Ohio – May 13, 2021 – The latest report from Proptech firm MRI Software (“MRI”) reveals significant differences in key indicators of recovery across multifamily sectors. Of particular note: Rent collections in affordable housing payments lag … Continued
March Shows Signs of Recovery with Drop in Landlord Concessions and Strengthening Lease Prices
Latest Report from MRI Software Tracks Effects of COVID-19 on Market-Rate Housing Throughout the U.S. Solon, Ohio – April 13, 2021 – Owners and managers of market-rate rental housing have reason to be optimistic, according to the latest report from Proptech firm MRI Software (“MRI”). During the month of March, traffic exceeded the peaks of … Continued
MRI Software Acquires Palace, New Zealand’s Leading Property Management Solution Provider
Global PropTech company extends its footprint in ANZ with addition of software for regional property managers and agencies Auckland, New Zealand – 31 March, 2021 – MRI Software, a global leader in real estate software, announces that it has acquired Palace, New Zealand’s market-leading provider of residential property management solutions. The acquisition extends MRI’s offering … Continued
Lease Pricing Rebounded to Pre-Pandemic Levels in February, but Concessions Remained at Historic Highs
Latest Report from MRI Software Tracks Effects of COVID-19 on Market-Rate Housing Throughout the U.S. Solon, Ohio – March 11, 2021 – New lease pricing finally reached the prior year’s levels in February, but concession values remained at historic highs for the second consecutive month, according to the latest report from Proptech firm MRI Software … Continued
Property Professionals See Former Retail Premises As Biggest Untapped Resource For New Residential Housing In UK, MRI Research Reveals
Survey of UK property experts offers hope for the High Street and shows most in the industry are unfazed by the prospect of Brexit LONDON – December 10, 2018 – Two thirds (66%) of property professionals in the UK believe former retail premises could be the biggest untapped resource for new residential development, according to … Continued